Laserfiche WebLink
1000 Bishops Gate Blv. Ste 300 <br />Mt. Laurel, NJ 08054-5404 <br />t1.800.444.4554 Opt.2 <br />f1.800.777.3929 <br />Through ongoing research and loss experience analysis, we identified additional differentiation in <br />fire loss experience within our PPC program, which resulted in the revised classifications. We based <br />the differing fire loss experience on the fire suppression capabilities of each community. The new <br />classifications will improve the predictive value for insurers while benefiting both commercial and <br />residential property owners. We’ve published the new classifications as “X” and “Y” — formerly the <br />“9” and “8B” portion of the split classification, respectively. For example: <br />• A community currently graded as a split 6/9 classification will now be a split 6/6X <br /> classification; with the “6X” denoting what was formerly classified as “9.” <br />• Similarly, a community currently graded as a split 6/8B classification will now be a <br /> split 6/6Y classification, the “6Y” denoting what was formerly classified as “8B.” <br />• Communities graded with single “9” or “8B” classifications will remain intact. <br />We wish to thank you and Mr. Greg Malmquist for your cooperation during our recent Public <br />Protection Classification (PPC) survey. ISO has completed its analysis of the structural fire <br />suppression delivery system provided in your community. The resulting classification is indicated <br />above. <br />Dear Mr. Clark Schroeder, <br />Each insurance company independently determines the premiums it charges its policyholders. The <br />way an insurer uses ISO’s information on public fire protection may depend on several things – the <br />company’s fire-loss experience, ratemaking methodology, underwriting guidelines, and its <br />marketing strategy. <br />If you would like to know more about your community’s PPC classification, or if you would like to <br />learn about the potential effect of proposed changes to your fire suppression delivery system, <br />please call us at the phone number listed below. <br />ISO’s Public Protection Classification Program (PPC) plays an important role in the underwriting <br />process at insurance companies. In fact, most U.S. insurers – including the largest ones – use PPC <br />information as part of their decision- making when deciding what business to write, coverage’s to <br />offer or prices to charge for personal or commercial property insurance. <br />February 24, 2025 <br />RE: Lake Elmo, Washington County, Minnesota <br />Mr. Clark Schroeder, Administrator <br />Lake Elmo <br />3800 Laverne Ave N <br />Lake Elmo, Minnesota, 55042 <br />Public Protection Classification: 04 <br />Effective Date: June 01, 2025